Garmin (Garmin) 3-Year Revenue Growth Rate : 7.70% (As of Dec. 2023)

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What is Garmin 3-Year Revenue Growth Rate?

Garmin's Revenue per Share for the three months ended in Dec. 2023 was $7.69.

During the past 12 months, Garmin's average Revenue per Share Growth Rate was 8.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 7.70% per year. During the past 5 years, the average Revenue per Share Growth Rate was 9.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 7.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Garmin was 60.40% per year. The lowest was -5.10% per year. And the median was 8.15% per year.

Competitive Comparison of Garmin's 3-Year Revenue Growth Rate

For the Scientific & Technical Instruments subindustry, Garmin's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Garmin's 3-Year Revenue Growth Rate Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Garmin's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Garmin's 3-Year Revenue Growth Rate falls into.

Garmin 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

Garmin (NYSE:GRMN) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.

Garmin 3-Year Revenue Growth Rate Related Terms

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Garmin (Garmin) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Garmin Ltd (NYSE:GRMN) » Definitions » 3-Year Revenue Growth Rate

Comparable Companies

Traded in Other Exchanges

GRMN:Mexico G1RM34:Brazil GRMN:Argentina

Address

Muhlentalstrasse 2, Schaffhausen, CHE, 8200

Website

https://www.garmin.com

Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoors, auto, aviation, and marine. The company relies on licensing mapping data to enable its hardware specialized for often niche activities like scuba diving or sailing. Garmin operates in 100 countries and sells its products via distributors as well as relationships with original equipment manufacturers.

Executives

Clifton A Pemble	director, officer: President and CEO
Cheng-wei Wang	officer: General Manager - Garmin Corp.	NO. 68, ZHANGSHU 2ND ROAD, XIZHI DISTRICT, NEW TAIPEI CITY F5 221
Sean Biddlecombe	officer: General Manager, Garmin Europe	LIBERTY HOUSE, HOUNSDOWN BUSINESS PARK, SOUTHAMPTON X0 SO40 9LR
Douglas G. Boessen	officer: CFO and Treasurer	3231 S.E. SIXTH AVENUE, TOPEKA KS 66607
Patrick Desbois	officer: Vice President, Operations	1200 EAST 151ST STREET, OLATHE KS 66062
Matthew Munn	officer: VP, Man. Director - Auto OEM	28001 CABOT DRIVE, SUITE 100, NOVI MI 48377
Philip Straub	officer: VP, Man. Director - Aviation	1200 EAST 151ST STREET, OLATHE KS 66062
Jonathan Burrell	10 percent owner	6300 WEST 143RD STREET, OVERLAND PARK KS 66223
Joseph J Hartnett	director	425 NORTH MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173
Min H Kao	director, 10 percent owner, officer: Chairman and CEO	1200 E. 151ST ST., OLATHE KS 66062
Catherine A. Lewis	director	325 NE NORTHGATE CROSSING, LEE'S SUMMIT MO 64064
Pao-chang Huang	officer: General Manager - Garmin Corp.	NO. 68, JANGSHU 2ND ROAD, SIJHIH, TAPEI F5 ROC
Danny J Bartel	officer: Vice President,Worldwide Sales	1200 EAST 151ST STREET, OLATHE KS 66062
Donald Eller	director
Andrew R Etkind	officer: General Counsel and Secretary	1200 E 151 ST ST, OLATHE KS 66062